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Monday, November 25, 2024

North Charleston home prices rise in January 2017

Re 12

The median sale price of a home sold in January 2017 in North Charleston rose by $24,200 while total sales increased by 4.2%, according to BlockShopper.com.

In January 2017, there were 74 homes sold, with a median sale price of $132,200 - a 22.4% increase over the $108,000 median sale price for the same period of the previous year. There were 71 homes sold in North Charleston in January 2016.

The median sales tax in North Charleston for the most recent year with available data, 2015, was $729, approximately 0.6% of the median home sale price for January 2017.

The following table compares North Charleston to other Charleston County cities with similar median sales prices in January 2017:

CityJan. 2017 Home SalesJan. 2016 Home Sales% change (Total Home Sales)Jan. 2017 Median Sales PriceJan. 2016 Median Sales Price% change (Median Sales Price)
Awendaw110%$244,000$120,000103.3%
Landsdowne10-$240,000$0-
Edisto Island330%$239,362$305,000-21.5%
Secessionville Acres20-$193,000$0-
Pierpont20-$160,500$0-
Summerville5366.7%$152,000$199,000-23.6%
North Charleston74714.2%$132,200$108,00022.4%
Ponderosa40-$128,500$0-
Ravenel12-50%$125,000$85,316.5046.5%
Melrose10-$118,000$0-
Ladson440%$90,300$142,250-36.5%

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